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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$1,395,000

Est. payment - /mo

4 Beds

4 Baths

4,750 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision San Luis Obispo(380)

MLS Listing ID SC26102619

Bedrooms 4

Lot Size 4,750 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Exceptional investment opportunity near downtown San Luis Obispo featuring three income-producing units. This versatile multi-family property offers a desirable mix of classic charm and newer construction, ideal for seasoned investors or owner-occupants. The front residence is an updated 2-bedroom, 2-bath single family home built circa 1910, offering 1,066 square feet of living space. Beyond the front door, an entry foyer leads past a front bedroom to the living room, dining room and galley style kitchen. A nicely sized primary suite is accessed off the living room with a walk-in closet, plus large en-suite bath featuring dual sink vanities and stand up shower. The well-adorned kitchen offers white cabinetry, granite tile counters and pantry space. A second full bathroom and dedicated laundry room with built in desk and storage are at the rear of the house with a door leading to the backyard. House features include tiled flooring throughout, dual pane windows, and neutral paint colors. The home is currently leased for $2,850/month. Situated at the rear of the property is two-story duplex built in 1949, totaling approximately 864 square feet. Each unit is a 1-Bed, 1-Bath providing efficient and flexible living space and each with their own laundry hookups. These units are currently leased for $1,545/month and $1,570/month + a combined $350/mo utility reimbursement. There are (2) electric meters, (2) gas meters and (2) water meters. With strong in-place rental income and its highly desired location, this property presents excellent prospects for long-term appreciation or mult

Location

State CA

County San Luis Obispo

Zoning Public Rec

Direction Broad to Chorro

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 003636006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Graham Updegrove, DRE#01873454 California Coastal Real Estate

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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1719-1721 Chorro San Luis Obispo, CA 93401